4-bed · 2,394 sqftAl Reem 3, Arabian Ranches · completed 2007

TH296, Al Reem 3

Sold prices and rental history: sold 3 times, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH296 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 2.39M30 August 2021
Current rentAED 152K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH296, Al Reem 3

What is TH296 worth today?

Last sold for AED 2,390,000 in 2021

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21 Nov 2024RentedRenewal
AED 152,000/yr12 months · AED 63 per sqft
21 Nov 2022RentedRenewal
AED 152,000/yr12 months · AED 63 per sqft
21 Nov 2021RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft
30 Aug 2021SoldReady
AED 2,390,000AED 998 per sqft
1 Jan 2020RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
20 Sep 2018RentedRenewal
AED 135,000/yr12 months · AED 56 per sqft
20 Sep 2017RentedRenewal
AED 145,000/yr12 months · AED 61 per sqft
20 Sep 2016RentedRenewal
AED 165,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
4-bed villa
Size
2,394 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 2.39M · August 2021
Community
Al Reem 3

About TH296, Al Reem 3

TH296 is a four-bedroom villa of 2,394 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 30 August 2021 for AED 2,390,000, or AED 998 per sqft, 42% above the AED 701 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 152,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH296 over time

Sales
Villa TH296, each saleTypical four-bed in Al Reem 3
2M2007201220172022Typical sale price by year: 2007 AED 819,888; 2008 AED 1,150,000; 2009 AED 1,500,000; 2010 AED 1,005,888; 2011 AED 1,149,388; 2012 AED 1,775,000; 2013 AED 2,462,500; 2014 AED 2,900,000; 2015 AED 2,400,000; 2016 AED 2,375,000; 2017 AED 2,330,000; 2018 AED 1,800,000; 2019 AED 1,100,000; 2020 AED 1,580,000; 2021 AED 2,100,000; 2022 AED 2,387,500; 2023 AED 2,950,000Sold by developer, April 2008: AED 883,888 (AED 369 per sqft)Sold, May 2014: AED 3,100,000 (AED 1,294 per sqft)Sold, August 2021: AED 2,390,000 (AED 998 per sqft)

TH296 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH296, each contractTypical four-bed in Al Reem 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 147,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 145,000; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 149,000; 2024 AED 179,250; 2025 AED 190,000; 2026 AED 184,500New contract, November 2012: AED 130,000 a yearNew contract, July 2014: AED 175,000 a yearNew contract, September 2015: AED 160,000 a yearRenewal, September 2016: AED 165,000 a yearRenewal, September 2017: AED 145,000 a yearRenewal, September 2018: AED 135,000 a yearNew contract, January 2020: AED 100,000 a yearNew contract, November 2021: AED 145,000 a yearRenewal, November 2022: AED 152,000 a yearRenewal, November 2024: AED 152,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Al Reem 3, and where TH296 sits

All 99 4-beds →

TH296 last sold in August 2021 at AED 998 per sqft, 42% above what four-beds in Al Reem 3 were fetching at the time (AED 701). TH296's AED 152,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
10 Jul 20254,900,000
15 Feb 20243,428,000
21 Aug 20232,930,000
28 Jul 20233,650,000
0 4-bed sales in the last 12 months

Al Reem 3

Community

300 villas, 2-bed to 6-bed in Arabian Ranches, completed in 2007 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,046
Typical sale
AED 5.1M
Typical rent
AED 196K /yr
Typical yield
4.0%
Al Reem 3, Arabian Ranches: prices, sales and rents →

TH296, Al Reem 3 in numbers

  • Sold 3 times: first on 17 April 2008 for AED 883,888, last on 30 August 2021 for AED 2,390,000 (AED 998 per sqft).
  • Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2020 and recovered to AED 152,000 by November 2024.
  • At AED 152,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 21 November 2024.

Questions about TH296, Al Reem 3

What did villa TH296 last sell for?

AED 2,390,000 on 30 August 2021: AED 998 per sqft for 2,394 sqft. The villa has 3 registered sales; the first was AED 883,888 in April 2008.

What is the rent for villa TH296?

AED 152,000 a year on the contract renewed on 21 November 2024. The previous contract, from November 2022, was AED 152,000; the villa has been rented since November 2012.

How big is villa TH296?

2,394 sqft (222.4 sqm): a four-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH296 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH296, Al Reem 3

Starts from the last sale price (AED 2.39M, 30 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,390,000
Deposit, UAE resident (20%)
AED 478,000
Deposit, non-resident (40%)
AED 956,000
Monthly over 25 years at 3.7%
AED 9,778

Plus AED 105,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →